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Alta Copper Corp T.ATCU

Alternate Symbol(s):  ATCUF

Alta Copper Corp. is a Canada-based copper developer, which is engaged in the acquisition, exploration and development of mineral rights interests. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. The Canariaco Copper Project is an advanced stage porphyry copper exploration and development project located in Northern Peru. Canariaco comprises about 97 square kilometers of highly prospective land located about 102 kilometers (km) northeast of the City of Chiclayo, Peru, which includes the advanced stage Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect, all within a four km NE-SW trend in northern Peru’s mining district. The Company also holds other earlier stage base metal properties located in Peru and Canada. Its other projects include Don Gregorio property, Arikepay Copper-Gold Porphyry Discovery, and Canyon Creek property. Don Gregorio property is a copper-gold porphyry target located in northern Peru.


TSX:ATCU - Post by User

Bullboard Posts
Post by Cibeqon May 06, 2013 11:42pm
262 Views
Post# 21346044

MEM accelerate mining projects

MEM accelerate mining projects

 

MEM accelerate mining projects
 
Lima, May. 06 (LIP). The Ministry of Energy and Mines (MEM) announced today that seeks to accelerate the development of mining projects to ensure increased production.
 
The Minister of Energy and Mines Jorge Merino, said his industry will coordinate with the central government, regional governments and communities for large mining projects are developed according to established schedules, to continue the growth of the sector and of the economy as a whole.
 
"We are coordinating with all sectors to support obtaining permits for projects carried out in the shortest possible time and with that guarantee the continued growth of the country and have the fiscal resources needed for social programs," he told Andina.
 
Merino had reported that it will form a special task force to detect bottlenecks and unlock the bureaucratic obstacles that arise for the implementation of mining projects.
 
He noted that mining investment this year will reach 10,000 million with projects like Las Bambas Antapaccay Toromocho Cerro Verde expansion, expansion of Antamina, Master, Constancia and Marcona.
 
"We want to investment come to Peru, do not go to other countries and with this we continue to raise funds for social investment programs that promote" he said.
 
He said that Peru is a safe country for investment and offers great opportunities in mining with a legal framework conducive to the investor, respect for the environment and fostering social inclusion.
 
He reiterated that 14 mining projects have been exempted temporarily prior consultation because in most cases refers to initiatives that are in the study phase or exploration.
 
"We need not stop investments, for that there are environmental impact studies, public hearings before starting a project. We must have confidence that the government cares about have institutions they control, but also that we are an investment friendly country, "he said.
 
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